Exclusive Land Development Opportunity

WINSTON-SALEM GREENSBORO 40 40

74

54

40 87 49 LEXINGTON STATESVILLE

16 109 SALISBURY HIGHROCK LAKE 85 OVER 77 TUCKERTOWN LAKE NORMAN 73 UWHARRIE 300 miles CONCORD NATIONAL FOREST 485 MORROW 24 OF SHORELINE NATIONAL STATE PARK

211 CHARLOTTE

York

5,500 ACRES OF LAKEFRONT ACCESS ON THE 2ND LARGEST LAKE IN NORTH CAROLINA HIGH ROCK LAKE, NORTH CAROLINA

FOR SALE PROPERTY INFORMATION 02

High Rock Lake ±5,500 ACRES TO BE DEVELOPED

PROPERTY LOCATION

ZONING: Multifamily/Residential

CITIES: High Rock, Southmont, Yadkin

Davidson, Davie, Montgomery, COUNTIES: Rowan, Stanly

Charlotte, Concord, North Carolina, MSA: South Carolina

LOCATIONAL HIGHLIGHTS Direct access to Interstate 85 (I-85), which runs through the northern most part of High Rock Lake. Three primary interstate exits off I-85: Exits 91, 86 and 81. HIGH ROCK DAM

INVESTMENT HIGHLIGHTS

$

Strategic investment and development opportunity on the 2nd largest lake in North Carolina in one of the Top 20 fastest growing areas in the country.

High Rock Lake represents an attractive project to mirror the multifamily and residential development success that boomed in the 1990s off Interstate 77 (I-77) to the west at Lake Norman, which currently has limited space available to expand.

Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC HIGH ROCK LAKE 03

GENERAL LAKE INFORMATION

AREA: 15,180 Acres

LENGTH: 23.72 Miles

SHORELINE LENGTH: 365 Miles

AVG. DEPTH: 15 Feet High Rock MAXIMUM DEPTH: 52 Feet lake ELEVATION: 655 Feet NAMED AFTER “HIGH ROCK MOUNTAIN” WATER VOLUME: 234,866 Feet IN NEIGHBORING Serves as a boundary between Davidson and Rowan counties YEAR BUILT: 1928 Begins at the confluence of the and the 38-Mile Section of Yadkin River Includes 4 Dams: • Narrows Dam (1917) YADKIN PROJECT: • Falls Dam (1919) • High Rock Dam (1927) • Tuckertown Dam (1962)

Public boat ramps are located at Tamarac Marina (Fee) and at Wildlife ACCESSIBILITY: Access, by the Second Creek bridge on Bringle Ferry Road.

OVER 300 MILES OF SHORELINE | 2ND LARGEST LAKE IN NORTH CAROLINA

Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC AREA PHOTOGRAPHY 04

Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC MACRO MAP 05

VIRGINA ACCESSIBILITY NORTH CAROLINA • 2 Miles from I-85 • 20 Miles from I-74 77 • 30 Miles from I-40

WINSTON - SALEM GSO 85 LOCATIONAL HIGHLIGHTS GREENSBORO • Approx. 30 miles 40 DURHAM 540 40 from Lake Norman RDU HIGH POINT RALEIGH • Approx. 35 miles STATESVILLE LEXINGTON 440 HICKORY from Greensboro

77 RUQ • Approx. 40 miles HIGHROCK ASHBORO 85 LAKE from Charlotte

MOORESVILLE 74 40 • Approx. 50 miles LAKE NORMAN TUCKERTOWN from Piedmont Triad RESERVOIR CONCORD VUJ International Airport (GSO) MORROW NATIONAL STATE PARK • Approx. 70 miles UWHARRIE 85 485 NATIONAL from Winston-Salem FOREST CLT NORTH CAROLINA CHARLOTTE PINEHURST 95 • Approx. 100 miles SOUTH CAROLINA FORT BRAGG from Raleigh, NC MATHEWS 295

FAYETTEVILLE • Approx. 80 miles

ROCKINGHAM from Charlotte-Douglas International Airport (CLT)

N • Approx. 100 miles from Raleigh-Durham International Airport (RDU) CLT - Charlotte Douglas International Airport RUQ - Mid-Carolina Regional Airport LOCATED IN BETWEEN GSO - Piedmont Triad International Airport VUJ - Stanly County Airport 2 MAJOR AIRPORTS RDU - Raleigh-Durham International Airport

Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC AREA DEMOGRAPHICS 06

2018 DAYTIME POPULATION COUNTY INFORMATION

Approx. 90% of land is located in Rowan, Davidson & Stanly counties with additional smaller land tracts in Davie and Montgomery counties. Nearly 450,000 total population from all five counties.

* 38% 62% POPULATION & PROJECTED ANNUAL GROWTH RATE FOR EACH COUNTY WORKERS RESIDENCES 42,975 0.7%

4040 GuilfordGUILFORD 74 DAVIE HHIGHiigh PPOINToiintt 601 TOTAL POPULATION COUNTYDavie 52 40 29

64 Lexington Statesville DAVIDSONDavidson COUNTY 109 109 64 RandolphRANDOLPH 70 Salisbury 169,701Randolph 447,201 485,651 ROWAN High HIGHROCRock KLake 0.6% 2018 2023 COUNTYRowan LAKE

8585

Kannapolis 73 73 49 49 52 73 UWHARRIEUwharrie 144,302Huntersville ConcordCONCORD HUNTERSVILLE NATIONALNational CABARRUS FORESTForest 27,593 0.5% Cabarrus MORROW 24 MEDIAN HOME VALUE 485485 NATIONAL STATE PARK 0.2% Montgomery STANLYStanly MecklenburgMECKLENBURG 62,630 MONTGOMERY 601 COUNTY CHARLOTTECharlotte 0.4% COUNTY

$150,585 74 $183,288 UnionUNION RICHMOND 2018 2023 * 2018-2023 Annual Rate Source: ESRI

Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC KEY FACTS 07

NORTH CAROLINA PROPERTY TAX 0.85% Effective Based on a home valued at $250,000, and under the average effective property tax rate of 0.85%, North Carolina residents paid $2,138 in property taxes for 2018. Annual Property Under North Carolina law, residential and commercial real property in North Carolina must be reassessed for property tax purposes at least once every eight years. Rate Did you know? North Carlina has the lowest property tax in the U.S. (source: Economic Development Partnership of North Carolina)

NORTH CAROLINA CHARLOTTE RANKINGS RALEIGH RANKINGS

RANKINGS RANKINGS RANKINGS #1 Best State for Business (Forbes, 2018) #19 Fastest Growing City (Forbes, 2018) #2 Best Place for Business & Careers (Forbes, 2018) #2 State with Best Business Climate (Forbes, 2018) #5 Best Place for Business & Careers (Forbes, 2018) #8 Best City for Jobs (Forbes, 2018) #22 Best Place to Live in the U.S. (U.S. News & World #2 Best Place to Live Report, 2018)

COST OF LIVING Durham: Home to (1) one Fortune 500 Company U.S. North Carolina Charlotte Greensboro Raleigh/Durham Greensboro/Winston Salem: Home to (4) four Fortune 500 Companies 100 96.2 97.2 91.5 90.6 Charlotte: Home to (6) six Fortune 500 Companies

Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC Davie

NC-8 LOCAL AMENITIES 08 85

LEXINGTON SELECTED LOCAL AMENITIES

EXIT 91 64 1 TJ’s High Rock Lake Restaurant & Lounge 85 85

Davidson 2 Lakeview Family Restaurant

L

I 3

N Eagle Point Nature Preserve

O W

EXIT 86 4 Salisbury Elks River Park O

D 5 Mimi’s Bait & Tackle

S Randolph

O 6 High Rock Marina and Campground 85 U T H 7 Tamarac Marina & Campground M

O 5 ASHEBORO 8 Moose Lodge Camping Ground 17 N T 11 64 9 R Golden Pond Campground D EXIT 81 LO 10 North Carolina Wildlife Access NG FE 16 RR 6 11 Piedmont Boat Club 9 Y 85 RD SALISBURY 12 Old North State Club 8 B RI 13 Dan Nicolas Miniature Golf NGL 4 EXIT 76 E F 1 10 NC-8 14 McCanless Golf Course 15 ER RY RD 15 Corbin Hills Golf Course 13 HIGHROCK LAKE 16 Rolling Hills Golf Club Dan 17 The Revival Golf Course at The Crescent Nicholas 7 Rowan Park 2 14 3 High Rock Hydroelectric Uwharrie National Powerhouse Forest

Tuckertown 52 Reservoir N VUJ 12

High Rock 2 Miles lake 85 52 Less than 5 Miles

Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC VIRGINA

NORTH CAROLINA LE

77

LE 85

40 DURHAM 540 LE 40 RALEIGH DRIVE DISTANCE (BY MILEAGE) 440 09 HICKORY

77 HIGHROCK VIRGINA 85 NORTH CAROLINA LAKE LE 74 40

LAKE 77 NORMAN TUCKERTOWN RESERVOIR MORROW NATIONAL 485 LE STATE PARK 85 UWHARRIE 485 85 NATIONAL 40 DURHAM FOREST 540 LE 40 NORTH CAROLINA RALEIGH PINEHURST I-85 WIDENING & 95 440 SOUTH CAROLINA HICKORY IMPROVEMENTS FORT BRAGG 77 295 485 6-Lane Highway (current) IGHROC 85 H K LAKE FAYETTEVILLE 74 40 LAKE NORMAN EXPANSION TO 6-LANES ROCKINGHAM TUCKERTOWN RESERVOIR In-Progress MORROW NATIONAL 485 STATE PARK UWHARRIE 85 485 NATIONAL FOREST NORTH CAROLINA PINEHURST 95 SOUTH CAROLINA FORT BRAGG 295 485 FAYETTEVILLE

ROCKINGHAM

N

Source: North Carolina Department of Transportation

Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC I-85 T-3 0.30 Ac.

D D a v a Davidson Co. i v d i s I-85 T-1 e o 0.55 Ac. C n o C u o n Davidson Co. u t y n 3

I-85 T-2 t t y 1.02 Ac. e 8855 e S h

e n i l c h t

64 M a Davie Co. P-3 342 Ac.

Davie Co. Y P-2 a 270.6 Ac. d k i n 85 Y ad Davidson Co. k Davidson Co. in 150 47 P-19 P-1 4.4 Ac. R 130 Ac. iv M a e Davidson Co. R r

t iv c h P-20 an Co. e 85 20.30 Ac. r l i

n c. e Co.

S h Davidson Co. .

e Rowan Co. Davidson Co. Davidson Co. P-5 Davidson Co. e P-48 P-5 t 124.46 Ac. P-9 19.2 Ac. 124.46 Ac. P10-9.3 Ac. 4 10.3 Ac. Davidson Co. P-21

SITE PLAN S o k Rowan Co. 10 u 89.9 Ac.

t e n Co. P-49

h e 85

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n L o P-47 k ou i u

C n t e

on w 2.7 Ac. h e s r vid o

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o e t S o r R o e d w a e o oa b R u k r P

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o n P-46 Davidson Co. o

n g 70.09 Ac. 30.04 Ac. 54.5 Ac. Rowan Co. N P-8 Co. t C Reservoir r P-11 Rowan Co. P-45 15.7 Ac. Rowan Co. e Davidson Co. Davidson Co.

R C

e 43.1 Ac. P-46A 38.4 Ac. P-10 P-37 o r k P-11

Ac. e a 1.62 Ac.

e 216.4 Ac. Rowan Co. 9.7 Ac. d 43.1 Ac. k nty P-38 n Cou dso L Rowan Co. 174.74 Ac. avi ty in D oun w P-41 n C o Rowan Co. wa o Ro d S 48.6 Ac. P-44 - w S e 0.4 Ac. Rowan Co. High Rock o a u r

P-42 t i s h n

t m g L n k 30.04 Ac.

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P-37 R r P-11

163.10 Ac. e P-36 o

Davidson Co. 601 Rowan Co. e

9.7 Ac. a

k 43.1 Ac. Rowan Co. d 8.3 Ac. P-22 P-38 Fe P-35 rry 0.1 Ac. Rowan Co. 174.74 Ac. Road 11.7 Ac. P-41 d a 48.6 Ac. o R r Rowan Co. e Lon 85 lm g a Rowan Co. P-30 P Davidson Co. P-36 62.40 Ac. Matchline Sheet 2 Rowan Co. P-23 A B C F 8.3 Ac. Davidson Co. er P-35 26.26 Ac. ry Matchline Sheet 2 k P-23 A B C Road 11.7 Ac. Matchline Sheet 2 e 29 k 26.26 Ac. Rowan Co. e k Rowan Co. e e Rowan Co. Rowan Co. Rowan Co. r e Davids 85 P-30 Rowan Co. Rowan Co. C r Davidson Co. 85 P-30 P-30 P-31 P-34 C P-32 62.40 Ac. P-31 P-34 P-24 62.40 Ac. 62.40 Ac. 28.3 Ac. 104.1 Ac. g k 83.52 A 28.3 Ac. 104.1 Ac. in g 12.9 Ac. e Long Fe r in e Matchline Sheet 2 Long Ferry a r r R e a C k o e Rowan Co. e a Y w Rowan Co. e Ya S w Rowan Co. r d ad S P-30 C dk le P-31 P-34 ki d 62.40 Ac. in 8 d 28.3 Ac. 104.1 Ac. g Rowan Co. n in Rowan Co. u Long Ferry r Rowan Co. B R a P-27 Rowan Co. Davidson Co. o e Davidson Co. a P-27 P-32 Y w 184.30 Ac. P-32 P-25 P-31 d a S 184.30 Ac. 6.85 Ac. L dk 6.85 Ac. in 6.5 Ac. i w 51.1 Ac. Rowan Co. n Rowan Co. R o P-27 R o 85 P-32 Rowan Co. iiv d 85 184.30 Ac. Rowan Co. v -S 6.85 Ac.

e d d P-33 & P-33A er o a P-33 & P-33A r u a R Davidson Co. o o 15.2 Ac. th i R Rowan Co. v R 15.2 Ac. m P-15 52 P-33 & P-33A e Matchline Sheet 3 e o r k n 21.02 Ac. 15.2 Ac. a t L Cr N a R e ne k n C o a a re a L oodm ek d Rowan Co. G Matchline Sheet 4 a n Davidson Co. Goodm P-27 P-27 NORTH 184.30 Ac. Davidson Co. 1.9 Ac. Davidson Co. P-14 k e P-32 e 2.5 Ac. r C Davidson Co. 83.52 Ac. Rowan Co. Rowan Co. P-30 P-25 63.7 Ac. P-26 Davidson Co. ts 0.6 Ac. t 39.35 Ac. Rowan Co. P-13 o Davidson Co. b 8 P-24 39.6 Ac. b B213c A 85.6 Ac. 1.7 Ac. Davidson Co. Davidson Co. Rowan Co. Br P-28 P-46 in P-2 g 379.44 Ac. le 10.78 Ac. 650.63 Ac. F e k rr Davidson Co. e y re Matchline Sheet 2 R P-12 C oa d 0.4 Ac. Davidson Co. Davidson Co. p P-48 m P-33 a Rowan Co. k 3.15 Ac. Sw e Davidson Co. 0.3 Ac. P-2A re Rowan Co. C P-49 t Davidson Co. 63.50 Ac. a Rowan Co. Davidson Co. 0.79 Ac. P-23 Fl P-32 P-1, P-1A 49 P-48 Davidson Co. 32.60 Ac. Davidson Co. es 8 P-50 83.52 Ac. il 741.82 Ac. 3.15 Ac. P-29 R 0.98 Ac. Davidson Co. High Rock P-51 High Rock 196.78 Ac. 1.1 Ac. Davidson Co. lakeR servoir P-47 Rand Rowan County Davidson County 0.3 Ac. Montgomery Co. Rowan Co. Montgomery County Stanly County P-6 P-22 M B e 0.43 Ac. o Montgomery Co. S a Montgomery Co. 0.8 Ac. n R Stanly Co. t P-4 v t e e a Montgomery Co. P-5 ApproximateLocation for g y r P-7 13.88 Ac. n d Rowan Co. Rowan Co. n o 0.3 Ac. Proposed Potential P-1 o a Montgomery Co. 349.6 Ac. l l m P-21 P-10 & P-10A y m 186.65 Ac. d Relocation Site for s P-7

C

D e 1.4 Ac. 24.5 Ac. NC HWY8-49 Boat Launch 10.3 Ac.

a r o 109 R v Public Acess Area y Tuckertown Reservoir C C u r r o id e e Davidson Co. C e w s n e o k k Rowan Co. a t o n P-34 y n u P-19 Rowan Co. Stanly Co. C C 18.96 Ac. n 49 P-6 Stanly Co. 8.5 Ac. P-11 t Montgomery C o o P-4 y Montgomery Co. 4.6 Ac. Rowan Co. u u d Stanly Co. 120.6 Ac. P-9 Rowan Co. n n oa Stanly Co. 372.57 Ac. P-2 Montgomery Co. t t R B221 235.77 Ac. P-8 5.3 Ac. P-18 P-9 y y High Rock Dam y P-7 rr 107.2 Ac. Stanly Co. 15.94 Ac. 5.2 Ac. 68.09 Ac. e 349.6 Ac. F P-4 Montgomery Co. and Powerhouse le Stanly Co. 372.57 Ac. P-2A ring B224 ek Davidson Co. B 2.6 Ac. re 4.3 Ac. Montgomery Co. C P-35 Davidson Co. Tuckertown Dam & P-3 nd Davidson Co. Davidson Co. P-52 co Rowan Co. 48 Ac. 0.8 Ac. Se Rowan Co. P-36 P-218a 18.4 Ac. Powerhouse utch P-7 1.1 Ac. Y D P-9 32 Ac. Stanly Co. adkin R 16.06 Ac. Davidson Co. Davidson Co. iv 62.8 Ac. k 8 P-3 e Montgomery Co. Rowan Co. e P-36 P-37 325 Ac. r re P-10 P-9 C 8.9 Ac. Rowan Co. 42 Ac. 63.4 Ac. 10.46 Ac. r Davidson Co. P-12 he Davidson Co. 8 52 Rowan Co. t P-38 1.6 Ac. an P-218b P-15 P 13.4 Ac. Davidson Co. 37.1 Ac. 35.8 Ac. Rowan Co. P-37A 4.8 Ac. P-14 Rowan Co. 4.3 Ac. Rowan Co. P-5A Davidson Co. Rowan Co. P-8 84.19 Ac. P-40 P-13 132.30 Ac. Rowan Co. 36.30 Ac. 1.7 Ac. B219 6.9 Ac. Davidson Co. Montgomery C Rowan Co. 740 P-41 P-10 P-16 R Narrows St 1.2 Ac. Rowan Co. 5.3 Ac. oke iver 1,301.06 Ac. P-17 s Reservoir 56.60 Ac. Fe Rowan Co. Davidson Co. rr R

y P-5 o P-41A Montgomery Co. T a P-12 d

R 258.39 Ac. u 252.8 Ac.

oad Rowan Co. c 100.1 Ac.

B223A k Davidson Co.

e P-41A 1.2 Ac. r

Rowan Co. t 252.8 Ac.

o

P-4 w

12.6 Ac. n Approximate Location of

Proposed Water Plant Rowan Co. R Per Stanly County Uw

B222 e Agreement Signed

2.0 Ac. s C May 6, 2013 N e a reek bin C Montgomery Co.

r P-10 v F

Rowan Co.

o 63.32 Ac. P-3 i

1077.79 Ac. r Davidson Co. P-41 1,301.06 Ac. Narrows Dam & Powerhouse Davidson Co. Montgomery Co. P-42 P-11 Davidson Co. 5.9 Ac. 76.62 Ac. B213a Falls 1.8 Ac. Reservoir Davidson Co. B213b Falls Dam & 2.4 Ac. Powerhous

Rowan Co. Montgome P-3 & P3 A-H P-11 reek 1077.79 Ac. C 76.62 Ac. Davidson Co. is P-42 ll E 198.8 Ac. M Matchline Sheet 1 Davidson Co. 740 Stanly Co. S o P-14 ta n B213c n t 216 Ac. g ly o 1.7 Ac. m Davidson Co. C o e Rowan Co. r P-46 u y P-2 n 379.44 Ac. t C 650.63 Ac. y Morrow Mountain CENTER N SOUTH State Park N

LEGEND LAND PARCELS FOR SALE* POTENTIAL CONSERVATION LAND CUBE HYDRO CAROLINAS

*Seller has the right to remove or refuse to sale any parcel represented in this document.

Rhett Batanides, MSFP, MPSPM Exclusive Land Development Opportunity 704.208.5259 | [email protected] High Rock Lake, NC CHARLOTTE 615 S College St, Suite 450 Charlotte, NC 28202 704.208.5858

RHETT BATANIDES, MSFP, MPSPM 704.208.5259 [email protected]

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

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